ordinance
electricity supply agreements
May 8, 2026 · Collinsville, TX
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Source: Source Document
(DOCX)
Retrieved May 8, 2026
from collinsville.legistar1.com ↗
Confidence:
95%
High
Summary
The ordinance authorizes the City Manager to enter into an agreement for electric supply for city facilities located within Ameren Illinois territory utilizing a fixed all-inclusive kilowatt hour (kWh) rate. The recommended agreement is a twenty-four month contract with Direct Energy at a fixed rate of $0.08381/kWh, projected to save approximately $100,040 annually. This agreement aims to provide budget stability and reduce exposure to volatile utility market pricing.
Details
- Subject
- electricity supply agreements
- Summary
- The ordinance authorizes the City Manager to enter into an agreement for electric supply for city facilities located within Ameren Illinois territory utilizing a fixed all-inclusive kilowatt hour (kWh) rate. The recommended agreement is a twenty-four month contract with Direct Energy at a fixed rate of $0.08381/kWh, projected to save approximately $100,040 annually. This agreement aims to provide budget stability and reduce exposure to volatile utility market pricing.
- Action Type
- new
- Adoption Date
- 2026-05-12
- Enacting Body
- City Council
- Ordinance Number
- Ord. 2026-14